Inventory Accountant - Inventory Control Finance/Accounting

Inventory Accountant - Finance/Accounting

Position: Accountant / Inventory Accountant / Inventory Control

Inventory Control.

• Compare Inventory balances on different systems to maintain an accurate value of our inventory at cost/retail. Inventory from Radial to Inventory JDA (AS reporting system).
• Evaluate internal inventory systems issues and correct them when necessary. Transfers errors - BOPIS cancellation Adjustments – Comparison between JDA tables (RSL to INVBAL to NetSuite – error between KWI and JDA, etc....
• Work on Inventory in Transit – review boxes in transit/ Advise stores on accepting merchandise/ receipt boxes manually.
• Review system issues related to inventory receiving, transfers or adjustments on KWI (Store system) and JDA system.
• Study Radial profiling of items to maintain accuracy and avoid unnecessary charges.
• Provide aid to AP when receiving errors occur, by checking Radial and internal systems.
• Create and review physical inventory counts at stores for auditing purposes, analyze results and provide reports on the data collected.
• Check daily inventory adjustments made by our 3PL and our stores, to guarantee accuracy and avoid unnecessary expenses. (Review for adjustment codes and authorizations)
• Review and Analyze number of boxes shipped (BM & EC) – Box to Order Ratio
• Daily emailing to our stores to adjust inventory errors that could occurs at receiving or adjusting (Over/Short email)
• Provide a file with the usage of HFR labels, to guarantee we are collecting & charging properly.

Accounting

• Review and Analyze Freight Invoice – to maintain accuracy on charge and adjustments.
• Review and Analyze Fulfillment Invoice
• Create and maintain obsolescence reserves, by providing reports and analysis. Booking to the general ledger any monthly adjustments
• Create and book to the GL Sales Below cost, Mark out stock, and jobber credits.
• Post to the General Ledger cost of goods, shrink reserves, Vendor allowances reserves and others.
• Post Benefit allocation, stores expense allocation to the GL.
•  Provide necessary inventory file for Borrowing Base calculation (ECOM returns, Inventory reconciliation, etc...)
• Create & post freight accruals based on data collected from Radial and JDA systems.
• Create & post fulfillment accruals based on the data collected from Radial and JDA systems.
• Help to provide necessary reports/support to the auditing team when requested.
• Assist the finance team with other jobs when required. (Settlement files, sales review, prepaid accounts, etc....)